Insider Selling: Exco Technologies Limited (TSE:XTC) Insider Sells 25,000 Shares of Stock

Exco Technologies Limited (TSE:XTC) insider Paul Robbins sold 25,000 shares of Exco Technologies stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of C$6.53, for a total value of C$163,302.50.

Exco Technologies Price Performance

Shares of Exco Technologies stock traded up C$0.01 on Tuesday, hitting C$6.62. The company’s stock had a trading volume of 33,312 shares, compared to its average volume of 23,525. The company has a debt-to-equity ratio of 26.17, a quick ratio of 1.30 and a current ratio of 2.83. Exco Technologies Limited has a 1 year low of C$6.51 and a 1 year high of C$8.80. The firm has a fifty day moving average price of C$7.33 and a 200-day moving average price of C$7.87. The company has a market capitalization of C$256.41 million, a price-to-earnings ratio of 9.09 and a beta of 1.15.

Exco Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were issued a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 6.34%. The ex-dividend date was Tuesday, December 17th. Exco Technologies’s payout ratio is 57.69%.

Analyst Upgrades and Downgrades

Separately, Cormark lowered Exco Technologies from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 3rd.

About Exco Technologies

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.